B.A. LL.B. (Five Years) Sem 7 Law of Taxation 2017 Jun Question Paper - KSLU

Questions asked in this paper

1. Q1 Explain the concept of income and mention any ten incomes that are exempted from tax liability.
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2. Q2 What is capital gain ? Explain capital assets and its transfers.
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3. Q3 Enumerate the various central sales tax authorities and explain the powers of these authorities.
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4. Q4 Explain the Income Tax Authorities under Income Tax Act.
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5. Q5 Explain the various types of duties imposed under Excise Act and state the exemption if any.
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6. Q6 Discuss the various powers of the Commissioner to search and arrest of a suspected person under the Custom Act.
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7. Q7 Explain the provision relating to the registration of a dealer under Central Sale Tax Act and state the benefits of such registration.
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Write short notes on any two of the following :

1. Q8 (1) Annual value
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2. Q8 (2) Refund of tax
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3. Q8 (3) Determination of turn over under C.S.T.
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Solve any two of the following problems :

1. Q9 (a) Mr. Shambunath grows rose flowers in his garden as a hobby. A flower merchant purchases all such flowers grown in the garden for one year and pays 80,000/- (Eighty thousands). Is this sum income taxable ? Explain.
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2. Q9 (b) Give the format determining the taxable income from salary.
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3. Q9 (c) Give a format determining the taxable income from other sources.
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Typed from the KSLU paper above. The paper is the original. Long reading passages are shortened here to their first and last lines and a summary.